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Putin Discusses US Dollar Dominance and BRICS Common Currency
9.11.2024
Putin dismissed claims that Russia would abandon the U.S. dollar, downplayed BRICS currency ambitions, and emphasized the dollar’s global dominance. Putin’s Take on US Dollar: Why Russia Isn’t Turning Away Yet Russian President Vladimir Putin addressed speculation regarding Russia’s...
Kremlin Warns: Global Concerns Grow Over Dollar’s Political Use
9.11.2024
Kremlin spokesman Dmitry Peskov noted that the abuse of the U.S. dollar as a political instrument has caused other nations to be concerned about potential roadblocks to using the currency in the future. Kremlin Highlights Nations’ Concerns on the U.S. Dollar Weaponization The Kremlin...
African Payment System Gets Banker’s Endorsement, but Viability Questions Linger
8.11.2024
The Pan-African Payments and Settlements System aims to formalize $50 billion in informal trade and save the continent $5 billion in processing costs. Boosting Local Currencies Africa’s recently launched Pan-African Payments and Settlements System (PAPSS) could potentially bring $50 billion...
Analysts Predict Euro to Slide to Parity With US Dollar Under Trump’s Second Term
8.11.2024
Donald Trump’s return to the White House may lead to the euro trading at par with the U.S. dollar. Diverging Interest Rate Policies Donald Trump‘s recently confirmed return to the White House is likely to result in the European Union’s currency, the euro, trading at par with...
JPMorgan Set to Launch Instant Settlement for Euro-Dollar Conversions
7.11.2024
The bank’s token, JPM Coin, which already processes $2 billion in transactions every day, will be used for the settlement processes. JPMorgan Leveraging Blockchain for Cross-Border Settlement JPMorgan, the largest bank in the U.S. has set out plans to provide quick settlement for currency...
Beyond the Dollar: Russia’s Path to Economic Independence Emerges
7.11.2024
Russia is reshaping global finance, pivoting from the dollar to local currencies as more nations rally for alternatives to U.S. dominance in global transactions. A New Currency Frontier? Russia’s Strategy Signals Global Shift Kremlin spokesman Dmitry Peskov emphasized on Wednesday that Russia...
Crypto-Related Stocks, Dollar Deliver Stellar Performance Post US Elections
7.11.2024
US Elections 2024, was infused with abrupt dynamics- be it political, economic, financial or social-and amidst the typical…
Tether swaps more than 2 billion USDT to the Ethereum network
6.11.2024
The vast majority of Tether's USDT volume exists on the Tron network due to comparatively lower fees and faster transaction finality.
Tether swaps more than 2 billion USDT to the Ethereum network
6.11.2024
The vast majority of Tether's USDt volume exists on the Tron network due to comparatively lower fees and faster transaction finality.
Why is the crypto market up today?
6.11.2024
The crypto market is up today, as former US President Donald Trump leads in the presidential elections amid massive liquidations
Bitcoin Rises Nearly 10% Against Mexican Peso as 'Trump Trade' Soars; Gold Stays Flat
6.11.2024
Trump has vowed to impose sweeping tariffs on Mexico and other trading partners
Global Dollar Network Launches: Crypto Titans Aim to Redefine Payments
6.11.2024
A consortium of crypto and fintech giants is launching the Global Dollar Network for seamless cross-border payments. A New Frontier: Crypto Leaders Launch Global Dollar Network for Payments Leaders in fintech and digital assets announced Monday the launch of the Global Dollar Network, which they...
Reserves Threatened: China Urged to Dedollarize Its $3.3 Trillion Forex Stash
5.11.2024
Economists are calling on China to curb the risks associated with holding over $3.3 trillion in its forex reserves. The concerns are directed at the possible measures the upcoming U.S. president might take against the country, including tariffs and unilateral sanctions. China Must Dedollarize Forex...
US Dollar’s ‘Death Warrant’? BRICS Power Play Revealed by Russian Officials
5.11.2024
The U.S. dollar has been wielded as a “weapon of oppression,” a Russian official argues, accelerating its decline as the world’s reserve currency as BRICS nations pursue currency alternatives. The US Dollar’s New Fate: Lavrov Claims the End of an Era Has Begun Russian...
Paxos & Other Crypto Giants Launch Global Dollar(USDG) to Boost Stablecoin Use
5.11.2024
Today, a group of crypto leaders unveiled the Global Dollar Network, an open network designed to boost global…
Dangerous Explosion Looms: Medvedev Warns of US Dollar’s Inevitable Collapse
5.11.2024
A U.S. dollar collapse would trigger catastrophic global upheaval, warns Dmitry Medvedev, describing a looming “explosion” with grave consequences for the entire world economy. Medvedev Warns of Grave Global Havoc if US Dollar Bubble Bursts Dmitry Medvedev, Deputy Chairman of the Russian Security...
Robinhood, Kraken, Paxos launch Global Dollar stablecoin network
5.11.2024
A swathe of major firms from traditional finance have partnered to launch the Global Dollar Network, a regulation-compliant network designed to accelerate the adoption of stablecoins.
New Global Dollar Stablecoin Backed by Robinhood, Kraken, Paxos and Other Crypto Heavies
4.11.2024
The Global Dollar Network, whose participants will earn yield for helping foster adoption of USDG, also includes Anchorage Digital, Bullish, Galaxy Digital and Nuvei
Price analysis 11/4: SPX, DXY, BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA
4.11.2024
Bitcoin price trades below $70,000 as traders derisk ahead of the election. Will altcoins follow this trend or take advantage of BTC's consolidation?
Singapore advances asset tokenization with new MAS frameworks
4.11.2024
The Monetary Authority of Singapore is pulling together the projects and participants needed for the next step in its asset tokenization trials.